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20 Aug 2015 13:23
Dublin
20 August 2015
Petroceltic International plc
Anonymous Blogsite
Petroceltic International plc ("Petroceltic" or the "Company"), notes the announcement issued by Worldview Capital Management this morning in relation to allegations made on an anonymous blogsite.
The Company had no prior knowledge or notification of the claims or concerns, but upon it becoming aware, immediately instigated an investigation in accordance with established procedures. On the basis of the investigation it has conducted to date, the Company considers the allegations to be entirely baseless, untrue and defamatory.
The Company has commenced an action in the Irish Courts to ascertain the identity of the blogger. Once identified, he/she will be invited to demonstrate any bona fide evidence to support the allegations made. If no such evidence is forthcoming, the Company will take appropriate legal action against any party who has made or repeats such defamatory statements in order to protect the good name and reputation of Petroceltic, its staff and consultants.
ENDS
For further information, please contact:
Tom Hickey, Alasdair Robinson, Petroceltic International | Tel: +353 (1) 421 8300 |
James Henderson / Rollo Crichton-Stuart,Bell Pottinger | Tel: +44 (203) 772 2500 |
Douglas Keatinge, Murray Consultants | Tel: +353 (1) 498 0300 |
John Frain / Roland French, Davy (Nomad and ESM Adviser) | Tel: +353 (1) 679 6363 |
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